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#1 eminimee

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    I don't care who's fur is flying...

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Posted 17 January 2007 - 03:24 PM

Although I'd still like to see a final rally into the Fed....I could make a case that OEX has put in a wave 5=1 top from the July low.....the move out of the June low was a 3 count so using the july low as the start of wave 1. We'll see how the count goes here on a 5 and/or 15 min chart.

TWT

http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=3&mn=6&dy=0&i=p34926924656&a=88876576&r=6346.png

#2 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 17 January 2007 - 03:29 PM

I have a sell on the Q's...early signal Tuesday and confirming today. however, I can see one more push up into Friday/Monday. I am short right now and wondering if I should go flat on close. :blink:

Edited by Chilidawgz, 17 January 2007 - 03:30 PM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
 

#3 hiker

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Posted 17 January 2007 - 03:34 PM

QQQQ needs to close today or tomorrow below 44.75-86 zone to confirm that this is not merely temporary...my 2 cents only

#4 eminimee

eminimee

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Posted 17 January 2007 - 03:35 PM

if last high holds...maybe 4th

http://stockcharts.c...4597&r=2274.png

#5 spielchekr

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Posted 17 January 2007 - 03:43 PM

http://www.traders-t...?...st&p=266533

broad top or bull flag
now we must choose
one's in Da Boy'z bag
the other's a ruse

(Where Da Hell is Da Cookie?)

Edited by spielchekr, 17 January 2007 - 03:44 PM.


#6 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 17 January 2007 - 03:50 PM

Closing my Q's short and going flat :ninja:
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil